Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) had its price objective reduced by research analysts at JPMorgan Chase & Co. from C$44.00 to C$41.00 in a research report issued on Wednesday, BayStreet.CA reports. JPMorgan Chase & Co.‘s price target would indicate a potential upside of 22.32% from the stock’s current price.

CNQ has been the topic of several other research reports. National Bank Financial reduced their target price on shares of Canadian Natural Resources from C$45.00 to C$43.00 and set an “outperform” rating on the stock in a report on Tuesday, July 16th. TD Securities increased their target price on shares of Canadian Natural Resources from C$49.00 to C$50.00 and gave the company a “buy” rating in a report on Friday, May 31st. BMO Capital Markets set a C$45.00 target price on shares of Canadian Natural Resources and gave the company an “outperform” rating in a report on Friday, May 31st. Canaccord Genuity increased their target price on shares of Canadian Natural Resources from C$50.00 to C$53.00 in a report on Tuesday, July 9th. Finally, CIBC reduced their target price on shares of Canadian Natural Resources from C$49.00 to C$48.00 in a report on Thursday, July 18th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of C$46.50.

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CNQ stock opened at C$33.52 on Wednesday. The company has a debt-to-equity ratio of 74.06, a quick ratio of 0.39 and a current ratio of 0.59. Canadian Natural Resources has a 52 week low of C$30.01 and a 52 week high of C$43.57. The firm’s fifty day moving average is C$31.75 and its 200 day moving average is C$35.70. The firm has a market cap of $39.31 billion and a P/E ratio of 8.40.

Canadian Natural Resources (TSE:CNQ) (NYSE:CNQ) last released its earnings results on Thursday, August 1st. The company reported C$0.87 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of C$0.85 by C$0.02. The business had revenue of C$5.56 billion for the quarter, compared to the consensus estimate of C$5.80 billion. As a group, analysts forecast that Canadian Natural Resources will post 2.5700002 EPS for the current year.